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Big Data !!!! The Next Game Changer For Your Businesshttps://jacobbabu90.wordpress.com/2016/10/20/big-data-the-next-game-change-for-your-business/
https://jacobbabu90.wordpress.com/2016/10/20/big-data-the-next-game-change-for-your-business/#respondThu, 20 Oct 2016 15:10:28 +0000http://jacobbabu90.wordpress.com/?p=7]]>Everyday, the business styles are changing and big data is going to be a major player in any business going forward.Big data has proved to be useful for large corporate organizations in outperforming their peers.Before starting of with the benefits of how big data will help you change your business,let me explain to you what big data is all about: It is some thing where large pools of data are being brought together and analyzed computationally to reveal patterns, trends, and associations, especially relating to human behavior and interactions to make better business decisions.The data mining process is to extract insight and information from a large data set and transform it into an understandable structure for further analysis and use it for decision making, strategy development and implementation.

“You can have data without information, but you cannot have information without data.”- Daniel Keys Moran

“Information is the oil of the 21st century, and analytics is the combustion engine.” – Peter Sondergaard, Senior Vice President, Gartner Research.

“Data are becoming the new raw material of business.” – Craig Mundie, Senior Advisor to the CEO at Microsoft.

Did you know?

That the data volumes are exploding, and about full 90% of all the data in the world has been generated over the last two years than in the entire previous history of the human race.

It is said that data is growing faster than ever before and by the year 2020, about 1.7 megabytes of new information will be created every second for every human being on the planet.

By 2020, at least a third of all data will pass through the cloud (a network of servers connected over the Internet).

At the moment only less than 0.5% of all data is ever analyzed and used, so just imagine the potential here.

This is going to be a large amount of data where companies will need to rely on big data to grow their business to the next level including the large as well as the mom and pop shops irrespective of the field in which they operate or the size of the business.According to a multinational IT company, the perceptions about big data’s disruptive power are not confined to technology organizations, because users see it as a new competitive weapon that has application across industries, like the financial services, insurance, and practitioners such as postal services and governments.

1.Know your customer needs before they ask

Think of a situation where you are walking into a retail store and the teller is directly taking you to the section of your taste and preference before you even told her that’s what you wanted?This is how companies are making use of big data to increase customer satisfaction there by increasing their business and eventually their revenue.The usage behavior of the customers are been continuously monitored by the companies on what they are searching for,the price range they are looking into, the brand they are interested inn , the different sites they visit, personal details of the customer etc.This will help companies gather a ton of data which can be made of use to analyze the shopping pattern of their customers and provide a more personalized experience when they come to shop again.We already see this trend wherein we search for a product online and they will be listed down as ads.recommendations when you log into social media platforms.

2.Providing customers data that’s meaningful to them

Nowadays, people are more conscious to know more about their personal fitness with the help of tracking devices and mobile applications.These apps offer users the ability to record, save, track, and monitor the various data from their workouts.This is done with the help of big data combined with mobile and wearable technology.

The same is the case with any other domain like retail, food habits , accounting, wherein big data plays a dominant role in giving back important and relevant data back to the users.Companies need to analyze through the whole bunch of collected information(data) and extract the most relevant information as an easily understandable form for customers.Customers who start using the informative data provided to them will get them hooked onto the product line offered by the company.This data which is going to be very useful for the customers will also be beneficial for the company in increasing their revenue by attracting more customers to the products and services offered by the company.

3. Mobility combined with big data means new business processes

Enterprise mobility initiatives are not new to people, but combing that with Could, Analytics and Big data will mean a lot as are the upcoming transformative mega-trends.It will improve the internal and operational efficiency of any organization can be improved by clubbing big data and mobility by making every data readily available of a mobile device in real-time.These information which are changing on the fly will also help organizations in a faster decision making process by making everything immediately actionable thereby help your organization to grow at a faster pace. Mobility also enables real-time data collection from the field engineers, there by helping the organization with knowledgeable data for strategic plannings and decision makings.

Facebook mobile users have increased 57 percent since 2012

Twitter gets 75 percent of their monthly active users via mobile

Pinterest generates 35 percent of site visits exclusively through mobile

4.Track anything and everything

With the help of sensors to track fleet operations,driver behavior,machine performance, health analysis, optimizing delivery routes, and even better tracking of employee performance.Thus big data plays a major role.Companies will use the data they collect to improve their products and the customer experience which will help them in improving the operations efficiency of the company.

As long as people are more inclined to smart product line which offers them access to lot of data,there will be more and more data, analysis, and insights that companies can sell back to consumers.With the help of sensors embedded into the products,manufacturers benefit from the innovative after-sales service offerings such as proactive maintenance where they can take preventive measures before a failure occurs or is even noticed .

5.Will help your organization stand out among your peers

Today’s marketplace is very competitive and the use of big data will become a key basis of competition and growth for any organization.With the help of large data capture and analysis of the customer taste, organizations will leverage data-driven strategies to innovate new and re-design their existing solutions.Big data offers considerable benefits to consumers as well as to companies and organizations.Leading companies are using data collection and analysis to conduct controlled experiments to make better management decisions.

]]>https://jacobbabu90.wordpress.com/2016/10/20/big-data-the-next-game-change-for-your-business/feed/0street_advertising_in_new_york-wallpaper-1366x768jacobbabu90This is how IoT is going to change your everyday life…https://jacobbabu90.wordpress.com/2015/11/16/this-is-how-iot-is-going-to-change-your-everyday-life/
https://jacobbabu90.wordpress.com/2015/11/16/this-is-how-iot-is-going-to-change-your-everyday-life/#respondMon, 16 Nov 2015 12:52:52 +0000http://jacobbabu90.wordpress.com/?p=12]]>The world and everything around us is becoming smart day by day. How good would it be if your own car can sense when you’re about to exit the mall and drive up to you with heated seats and music playing, which if one of your favourites. I’m not joking. This is what BMW is planning for the near future where your car will find its own parking space and your smart watch can control your car. The futuristic-minded early tech folks are primarily focussing on the Internet of Things (IoT).

Those were the gone days where we used a camera with film to take snaps, where people now use Google Glass to snap pictures, Nest to control their home temperature, make use of their smartphone to dim the light bulbs in their bedroom. I’m sure that within a decade, things will look much different and this is what IoT is all about where everyday objects that we interact with on a regular basis, will be capable of talking to each other. A world in which machines will be talking to machines and we humans beings can have a good time to rest.

“In the next century, planet earth will don an electronic skin.
It will use the Internet as a scaffold to support and transmit its sensations.”- Neil Gross 1999

These are a few interesting examples of how the Internet of Things could change our daily lives:

Imagine you woke up in the morning by dismissing your alarm, immediately the alarm send signal to coffee maker saying you are awake and brew some coffee ready. In the meanwhile it also tells your water heater to warm up water.Once you are done with your shower, then the shower will tell the toaster to toast breakfast ready. Similarly you have water sprinkler which check today’s weather to see how much water needs to be sprayed on the lawn.

Imagine if your fridge could analyze what is in it, and then build you a shopping list based on your previous food-buying habits. Or even your fridge sends you a message that it runs out of milk and when you’re walking down the supermarket, and you get to the milk fridge. Your shopping trolley vibrates, and the screen mounted on the trolley handles displays a message: “There is no milk in your fridge. Would you like to purchase some?”

Smart toothbrushes are another item that already exist, but they are still in their early stages. Currently they can detect when you haven’t properly brushed certain areas of your mouth. However, smart toothbrushes could go one step further. One day, our toothbrushes will be able to detect the healthiness of your teeth, telling the user when it’s time to go to the dentist.

What if our plates and bowls could track what we’re eating? This could not only help us with our diets, but could make waves in the health system as a whole. It could help make our health insurance cheaper and could help us live healthier lives.

It’s 2025 and you’re stepping out of the office to hail a cab to your important business meeting. Of course, your Google Calendar automatically scanned your Gmail and uploaded an entry for your meeting to your phone. Your phone told your office that you were leaving. By the time you’re at the front door, your self-driving Google Cab has pulled up. You hop in and start to tell it where you want to go. Of course, it already knows.

Your coffee saucer is actually a tiny scale. You’re at the cafe, reading Business Insider. You finish your coffee and put down the cup. You get a pop up on your tablet: “Looks like you’ve finished your coffee. Another?” You click yes, and the barista is sent an order.

Your bed has an in-built sleep cycle monitor. Your new neighbours decided Thursday night was a great time to have a housewarming and play some obnoxious music until 3am. Your sleep was heavily interrupted. Your bed tells your alarm to give you an extra hour of sleep. Your alarm checks your schedule to see if you have any appointments first thing in the morning. You don’t, so it lets you sleep.

The above mentioned are all applications of connected devices. It is said that, currently there are 9 billion interconnected devices and it is expected to reach 24 billion devices by 2020. The main areas we will see the Internet of Things begin to take hold will be buildings automation, Smart Cities, consumer good & services, healthcare, Environmental Monitoring, Smart Agriculture, industrial & manufacturing, transportation, retail, and security. Let’s see how.

Smart Home Automation/Monitoring: A smart home is everyone’s dream from the day they started watching cartoons like The Jetsons, and IoT framework plays a vital role in enabling a smart monitoring system with wireless smart sensing units and effective data processing. Thus with the help of sensors we can collect a wide range of data regarding household appliances usages and execute multiple tasks of IoT for the smart home monitoring system like energy consumption management, interaction with appliances, detecting emergencies, home security, remote management of household facilities such as lighting, heating, etc. sensors can also be implemented in and around a house to warn owners of intruders, or of any household problems, such as plumbing issues, sewage issues etc. Ladies will be happy if, smart appliances will also start to take over the kitchen, in the most helpful and satisfying manner. It may sound very futuristic but I’m sure that it will be coming to your local neighbourhood within a few years.

Smart Cities: A wide set of IoT applications can be used to create smart cities that are more sustainable, and safe. The applications of interest range from systems supporting urban mobility and its safety such as smart parking, traffic congestion, intelligent transportation systems, monitoring of critical infrastructures in cities for structural health, smart lighting, and smart roads systems monitoring waste management. Intelligent buildings can be controlled via wireless sensors in the framework of the IoT. Monitoring air quality, discovering emergency routes, efficient lighting up of the city. Traffic congestion directly imposes significant costs on economic and social growth of a city e.g. supply chain efficiencies and productivity are severely impacted by this congestion causing freight delays and delivery schedule failures which can be overcome with help of IoT applications thus allowing better planning and improve scheduling. The IoT will surely replace the current traffic information provided by the existing inductive plate vehicle detectors employed at the intersections of traffic control systems. Combined with information gathered from the urban traffic control system, valid and relevant information on traffic conditions can be presented to travellers/drivers.

Environmental Monitoring: This has nowadays turned out to be an important field of research and development. People have even started sending sensor equipped monitoring systems to Martian planet to understand more about the different environmental aspects such as air/water etc. There are systems available to monitor information’s such as air/water pollution data, lake/river pollution information, plant/crop growth indicators, lighting, earthquake detection, flooding detection, volcano eruption forecasting, weather forecasting etc., thereby helping us to take appropriate actions in advance. These applications can be realized using a low-cost, reliable and efficient system through an IoT framework.

Smart Transport/Logistics: Smart transport can be achieved with the help of IoT sensors wherein we will be able to track our goods been shipped and thereby helping in improving the efficiency of the logistics sector and warehousing sector. The logistics sector are now changing so fast that they have even started using mobile robotics applications supported by IoT in which mobile robots interact with fixed IoT infrastructures to support internal logistics in manufacturing plants. The IoT can find very important applications in industry like fleet and UBI where the telematics application is widely been used.

Smart Agriculture/Animal Farming: Smart agriculture can be achieved with the help of IoT where sensory will help you in telling the soil deficiency, soil temperature, water content, environmental weather etc. Closely related to smart agriculture is smart animal farming where you can improve the productivity of the yield by monitoring animal health conditions, animal tracking and identification and living environment. The farmers can be informed through different communication platforms e.g. mobile phone text message about the portion of land that need particular attention with the help of a network of different sensors that can sense data and perform data processing. Intelligent farming system will help agronomists and other agricultural departments to have better understanding of the plant growth, gain knowledge of land conditions and how climatic changes affect the yield etc. thus significantly increasing the agricultural productivity.

Smart Healthcare/Monitoring:The Internet of Things could be a game changer for the healthcare industry. It is transforming healthcare industry by increasing efficiency, lowering costs and put the focus back on better patient care. IoT Healthcare solutions can remotely monitor patients suffering from various disorders like diabetes with the help of an intelligent framework system, so that one can obtain an valuable level of real- time, life-critical data.The can be used for applications like outpatient monitoring,remote monitoring,doctor on call and clinical care.

]]>https://jacobbabu90.wordpress.com/2015/11/16/this-is-how-iot-is-going-to-change-your-everyday-life/feed/0Internet_of_things_for_businessjacobbabu90DADO_SmartKitchen_BlogImgIBM Research is developing a system to instrument the water distribution network and Galway Bay in Ireland to reduce leakage, monitor the water quality and save energy on pumping water. Image courtesy of IBM.Captura-de-pantalla-2015-06-10-a-les-18.14.38Koubachishutterstock_188507768